4758 Investors following Pfizer. Share this News with them.
0
Like this story, share it with millions of investors on M3
Pfizer an outperformer: Prabhudas Lilladher
Prabhudas Lilladher has maintained its outperformer rating on Pfizer with a target price of Rs 732. At the CMP of Rs 551, the stock trades at 11.3x FY08E EPS of Rs 48.9 and 9.8x FY09E EPS of Rs 56.3.
Prabhudas Lilladher has maintained its outperformer rating on Pfizer with a target price of Rs 732 in its July 1, 2008 research report. "We expect the company to report 7% CAGR net sales and 14% CAGR net profit over FY07-09. We also expect its EBIDTA margin to improve from 22.5% in FY07 to 24.7% in FY09 due to the restructuring."
"At the CMP of Rs 551, the stock trades at 11.3x FY08E EPS of Rs 48.9 and 9.8x FY09E EPS of Rs 56.3. We maintain Outperformer rating on the scrip with a price target of Rs 732 (13x FY09 earnings) over the next 12 months, an upside of 33.0% over the CMP," says Lilladher's research report.
Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
